500 L St #5
Anchorage, AK 99501
South Addition
Studio
Studio
We estimate this home will sell faster than 84% nearby.
Local Information
- Map ViewExplore the area around 500 L St #5.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Description
The 5th, 3rd and 1st floor condos are for sale together for $1,325,000. Each floor consists of approximately 5700 sf of rentable space for a total of 17,100 sf; the 1st floor is available to lease or for owner occupancy. The 5th and 3rd floors are fully leased.Rare opportunity to acquire some of the best located office space in Anchorage at well below market and replacement value.
We estimate this home will sell faster than 84% nearby.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
$0/Monthly
Price/Sqft
No Info
Listed
66 days ago
Home Details for 500 L St #5
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Heating & Cooling Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Flooring: CarpetCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Floors: Carpet |
View Has a ViewView: City Lights, Inlet, Mountain(s), Unobstructed |
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Exterior Home Features Foundation: Concrete Perimeter |
Parking & Garage No CarportNo GarageNo Attached GarageParking: No Garage,No Carport |
Frontage Waterfront: Inlet Access, NoneNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 66 |
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Year Built Year Built: 1981 |
Property Type / Style Property Type: ResidentialProperty Subtype: CondominiumStructure Type: ApartmentArchitecture: Apartment |
Building Construction Materials: MetalNot a New ConstructionNot Attached Property |
Property Information Parcel Number: 0010323900101 |
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Price List Price: $1,325,000 |
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MLS Status: Active |
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Direction & Address City: Anchorage |
School Information Elementary School: Inlet ViewJr High / Middle School: CentralHigh School: West Anchorage |
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Listing Agent Listing ID: 26-4738 |
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HOA Fee Includes: Electricity, Maintenance Structure, Maintenance Grounds, Heat, Trash, Sewer, Snow Removal, WaterHas an HOAHOA Fee: $0/Monthly |
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Lot Area: 7840.8 sqft |
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Mls Number: 26-4738Water ViewWater View: Inlet |
Last check for updates: about 11 hours ago
Listing courtesy of John Wirum
Wirum Properties L.L.C.
Source: AKMLS, MLS#26-4738
Also Listed on AKMLS.
Market trends in Anchorage
Last updated May 2026
Avg. sale price
$392K
$8.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$249
$2MoM
Available listings
509
120MoM
Price History for 500 L St #5
| Date | Price | Event | Source |
|---|---|---|---|
| 06/29/2026 | $1,325,000 | PriceChange | AKMLS #26-4738 |
| 05/01/2026 | $1,400,000 | Listed For Sale | AKMLS #26-4738 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $18,717 |
| Assessment | $1,185,400 |
Home facts updated by county records
Comparable Sales for 500 L St #5
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Condo | - | 09/03/25 | 3 | 3 | 2,200 | |
0.07 | Condo | - | 08/28/25 | 1 | 1 | 761 | |
0.07 | Condo | - | 06/05/26 | 1 | 1 | 763 | |
0.10 | Condo | - | 01/09/26 | 2 | 2.5 | 1,463 | |
0.20 | Condo | - | 12/19/25 | 2 | 1.5 | 1,136 | |
0.20 | Condo | - | 07/21/25 | 2 | 1.5 | 1,067 | |
0.22 | Condo | - | 09/03/25 | 3 | 2 | 1,993 | |
0.25 | Condo | - | 04/01/26 | 1 | 1 | 853 | |
0.25 | Condo | - | 10/23/25 | 1 | 1 | 841 | |
0.42 | Condo | - | 02/17/26 | 2 | 2 | 1,164 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
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Assigned Schools
These are the assigned schools for 500 L St #5.
- Central Middle School Of Science
- 6-8
- Public
- 545 Students
NAGreatSchools RatingParent Rating Averagethe homework was easy and people are nice hereParent Review4y ago - Inlet View Elementary School
- PK-6
- Public
- 190 Students
8/10GreatSchools RatingParent Rating AverageThe school needs a principal that supports the teachers and has expectations for the students.Parent Review6y ago - West High School
- 9-12
- Public
- 1702 Students
5/10GreatSchools RatingParent Rating AverageI live in the Service neighborhood area, but I chose to go to West High for a reason. I am currently a 9th grader. West has the best students in Alaska by a landslide. It has the only IB program, the only Highly Gifted program, and some of the best sports teams in the state. It has so many opportunities for students to take. Through my first semester, my teachers have been great. If something is wrong, just talk to them and they are more than happy to fix it. Most of the students in the neighborhood school program aren't the best learners, or at least aren't motivated to learn. However, motivated students have options for a high level of learning. West is in the Anchorage School District, which has had some problems with funding recently, so some programs may be cut. However, I would still recommend West as the high school of choice in Anchorage. If it is too long of a drive, Service High and South High aren't bad options either.Student Review2y ago 
Check out schools near 500 L St #5.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about South Addition
At least 41 Trulia users voted on each feature.
92 % Say parking is easy
89 % Say there are sidewalks
88 % Say it's dog friendly
82 % Say it's walkable to restaurants
79 % Say it's walkable to grocery stores
78 % Say yards are well-kept
72 % Say car is needed
72 % Say streets are well-lit
67 % Say there's holiday spirit
67 % Say there's wildlife
66 % Say kids play outside
60 % Say people would walk alone at night
57 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
43 % Say it's quiet
41 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
John Wirum, Wirum Properties L.L.C.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
500 L St #5, Anchorage, AK 99501 is a studio condo built in 1981. 500 L St #5 is located in South Addition, Anchorage. This property is currently available for sale and was listed by AKMLS on May 1, 2026. The MLS # for this home is MLS# 26-4738.